Epstein Secrets

From: Paul Morris < To: [email protected] <[email protected]> Subject: Re: Higher rates in Europe - timely [C] Date: Thu, 30 Apr 2015 23:10:54 +0000 Inli

f European rates) beljcid:image004.jpg@Ol D08273.86[378850 EFTA00857857 Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payout: Notional * max (Terminal CMS rate — strike, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.2

From: Daniel Sabba To: "jeffrey E." <[email protected]> CC: Paul Morris , Vahe Stepanian , Ariane Dwyer , Richard Kahn Subject: RE: Higher rates in Europe - timely [C] Date: Thu, 30 Apr 2015 13:06:19 +0000 Inline-I

s of European rates) EFTA00858049 Rcid:image004.jpg(0101D08273.86B78B50 Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payout: Notional max (Terminal CMS rate— stnke, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25%

From: Daniel Sabba To: Daniel Sabba "Jeffrey E." <jeeyacationggmail.com> Dwyer , Richard Kahn CC: Paul Morris < Vahe Stepanian , Ariane Subject: RE: Higher rates in Europe - timely [C] Date: Thu, 30 Apr 2015 12:31:47 +0000 Inline-Images: image001.jpg; im

ies of European rates) EFTA00858044 Rcid:[email protected] Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payout: Notional max (Terminal CMS rate— stnke, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25%

From: To: Daniel Sabba < "jeffrey E." <jeevacation4gmail.com> CC: Paul Morris < Dwyer Higher rates in Europe - timely [C] Wed, 29 Apr 2015 15:56:38 +0000 high image002.png; image003.jpg; image004.jpg Subject: Date: Impo

ies of European rates) EFTA00858199 Rcid:[email protected] Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payout: Notional max (Terminal CMS rate— stnke, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25%

Subject: Fw: Higher rates in Europe - timely [C] From: Paul Morris ‹ > Date: Wed, 29 Apr 2015 13:48:33 -0400 To: Stewart Oldfield ‹ > Classification: Confidential From: Daniel Sabba Sent: Wednesday, April 29, 2015

ys: Expiry Terminal Payout: Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25% 1.50% 1.50% CMS Cap on 30y EUR CMS rate, Single Look at Notional * max (Terminal CMS rate — strike, 0) Expiry EFTA01400684 ly 2y ly 2y ly 2y Tail 30y 30y 30y 30y 30y 30y ATMF 0.94% 1

Subject: Re: Higher rates in Europe - timely [C] From: Paul Morris ‹ > Date: Thu, 30 Apr 2015 19:10:54 -0400 To: [email protected] Classification: Confidential Let me know when you're in town, want to get your

: Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25% 1.50% 1.50% Expiry ly 2y ly 2y ly CMS Cap on 30y EUR CMS rate, Single Look at Notional * max (Terminal CMS rate — strike, 0) EFTA01472961 2y Tail 30y 30y 30y 30y 30y 30y ATMF 0.94% 1.07% 0.94% 1.07% 0.94% 1

Subject: Re: Higher rates in Europe - timely [C] From: Paul Morris a> Date: Thu, 30 Apr 2015 08:48:55 -0400 To: Daniel Sabba Classification: Confidential Thanks From: Daniel Sabba Sent: Thursday, April 30, 2015

rt 1 (time series of European rates) fcid:[email protected] Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at EFTA01472955 Expiry Terminal Payout: Notional * max (Terminal CMS rate — strike, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1